Bankruptcies and bank failures such as Silvergate, SVB and Signature Bank and the impact of digital money (Part 2)

The first part of this article last week discussed how bankruptcies are soaring globally, spurred by tightening monetary policy and significant bank failures. This widespread financial distress has highlighted growing global economic vulnerabilities and the bank failures of Silvergate, SVB and Signature have drawn attention to banks once again. The frag…